Money Metals News Service

Fishy Jobs Report Boosts Dollar

Last Friday's jobs data sent shockwaves through currency and metals markets. January's jobs report was "stunningly good," according to CNBC. It prompted currency traders to buy up U.S. dollars and short sellers in futures markets to pounce on gold and si… Keep Reading

Legislators Seek Repeal of Wisconsin’s Controversial Sales Tax on Gold and Silver

A large bipartisan contingent of Wisconsin legislators seek to end Wisconsin’s controversial practice of levying sales tax on purchases of gold and silver.… Keep Reading

Gold Market Isn't Buying Powell's 'Disinflation' Declaration

According to Federal Reserve chairman Jerome Powell, disinflation is now taking hold. Yes, the very same person who had to walk back his ridiculous pronouncements in 2021 and 2022 that inflation was "transitory" now wants us to believe that inflation is … Keep Reading

Wyoming Senate Votes to Hold, Invest, and Receive Tax Payments in Gold and Silver

The Wyoming State Senate voted today to a pass a bill prompting the Wyoming state treasurer to hold gold and silver “specie” to protect the state – as well as establish a process to receive certain tax payments in specie.… Keep Reading

Markets Haven't Accounted for an Escalation in Ukraine

It will soon be a year since Russian forces invaded Ukraine. The U.S. has provided Ukraine nearly $100 billion in weapons, cash, and humanitarian assistance. The sanctions imposed on Russia may be even tougher now than during the Cold War. Despite these … Keep Reading

Anti-Gold Bias: The Big Secret Wall Street DOESN'T Want You to Know

Last year was one of the worst on record for a conventional stock and bond portfolio. The major stock and bond market indexes both fell by double digits. Investors who were diversified into physical precious metals fared much better. While it wasn't a ba… Keep Reading

Central Banks Turn to Gold as Losses Mount

In 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not seen since 1967. Why are global central banks adding gold to their reserv… Keep Reading

What Would an Early Biden Departure Mean for Markets?

Joe Biden entered the Oval Office with relatively low approval ratings. In the last two years, the botched withdrawal from Afghanistan, an economy in decline, rising consumer prices, and potential scandals simmering in the background haven’t helped his … Keep Reading

The Trillion-Dollar Coin Idea Is Just Another Way to Rip Us Off

Debt ceiling debates always end the same way. Congress ends up increasing the debt ceiling and the US's national debt continues to spiral upward.… Keep Reading

Could Golden Ruble 3.0 Knock Out the U.S. Dollar?

The United States has had the privilege of dominating the global monetary system since 1944’s Bretton Woods agreement.… Keep Reading